Ricebran Technologies - RIBT STOCK NEWS

RiceBran Technologies (NASDAQ:RIBT) reported its 2021 financial results, showcasing an 18% revenue growth in Q4 to $8.0 million and a 19% growth for the year at $31.1 million. However, the company faced a net loss of $5.4 million in Q4, exacerbated by a $3.9 million goodwill impairment charge. Despite this, adjusted EBITDA losses narrowed by 53% in Q4 and by 66% for the year. The company aims for positive adjusted EBITDA in 2022, driven by strategic operational improvements, enhanced demand for SRB products, and a commitment to expanding its market presence.

RiceBran Technologies (NASDAQ:RIBT) announced a conference call on March 17th, 2022, at 4:30 p.m. EST, to discuss its financial results for the fourth quarter and full year ended December 31, 2021. Executive Chairman Peter Bradley and CFO Todd Mitchell will host the call. Interested parties can dial in using provided toll-free numbers or access it via a webcast. A replay will be available post-call for 90 days. RiceBran Technologies specializes in producing nutritional ingredients from rice bran and other grains for various markets.

RiceBran Technologies (NASDAQ:RIBT), a leader in nutritional products from ancient grains, will participate in the Benchmark Company's Discovery One-on-One Virtual Video Investor Conference on December 2, 2021. CFO Todd Mitchell will hold meetings with institutional investors during the event. Interested qualified investors can register by contacting Vince Curatola at vcuratola@benchmarkcompany.com. RiceBran focuses on producing functional ingredients from rice bran, serving food, nutraceutical, and animal feed markets.

RiceBran Technologies (NASDAQ:RIBT) reported a 34% revenue increase to $6.9 million in Q3 2021, compared to Q3 2020, and a 19% year-to-date growth of $23.1 million. The company's gross loss improved to $276,000 from $795,000, while operating loss narrowed to $2.1 million from $2.7 million. Adjusted EBITDA loss decreased by 38% year-over-year. The company successfully achieved key milestones in transitioning to higher value-add specialty ingredients and ended the quarter with nearly $6.2 million in cash, bolstering its balance sheet for future growth.

RiceBran Technologies (NASDAQ:RIBT) will host a conference call on October 27, 2021, at 4:30 p.m. EST to discuss its Q3 2021 financial results. The call will be led by Peter Bradley and Todd Mitchell. Interested parties can join via toll-free US/Canada number 888-506-0062 or international number 973-528-0011. A replay of the call will be available for 90 days on the company's website. RiceBran specializes in producing nutritional ingredients from rice bran and related grains for various markets.

RiceBran Technologies (NASDAQ:RIBT) announced a definitive securities purchase agreement with an institutional investor, expected to yield approximately $3.0 million upon closing on September 13, 2021. The agreement involves the purchase of 2,307,500 shares of Common Stock at $0.65 per share, along with multiple warrants. The funds will be directed towards enhancing production capabilities to meet increasing demand. The company has also agreed to suspend its At The Market equity issuance program.

RiceBran Technologies (NASDAQ:RIBT) announced its participation in key investment conferences in September 2021. CFO Todd Mitchell will present at the H.C. Wainwright 23rd Annual Global Investment Conference on September 9, 10, and 13, with a corporate presentation accessible online starting September 13. Additionally, management will engage in one-on-one meetings at the Lake Street Capital Markets 5th Annual Best Ideas Growth Conference on September 14 and 15. The company focuses on developing and marketing products from ancient and small grains for various nutritional markets.

Ocean Capital LLC urges shareholders of Tax-Free Fixed Income Fund IV and Fund V to vote for their nominees on the BLUE card at the September 10 Annual Meetings. The firm criticizes the repeated adjournments of meetings due to lack of quorum, interpreting this as a sign of inadequate support for incumbent directors. Ocean Capital argues that its nominees possess the necessary financial, tax, and legal expertise to enhance shareholder value, contrasting them with the current board's poor stewardship and lack of shareholder engagement.

RiceBran Technologies (NASDAQ:RIBT) announced a new sales and distribution partnership with AIDP, Inc on August 3, 2021, aimed at expanding the market presence of its stabilized rice bran (SRB) and SRB derivatives in the supplement and nutraceutical sectors. AIDP is recognized for its specialization in research-based ingredient solutions, which aligns with RiceBran's focus on nutritional innovations. This collaboration is expected to enhance RiceBran's market reach and commercialization efforts, leveraging AIDP's established industry relationships and reputation.